Hello - one of the tasks that CHASNZ has undertaken on behalf of the industry was to develop a common definition of lag indicators. At the moment there is no common definition and thus comparability between construction organisations. Helen Parkes and an industry reference group has assisted us in the creation of the draft document and I would encourage the NZ community to share and provide feedback through the webforms.
hi Wayne - good to hear from you. The Vertical leaders team who developed the measures you refer to were part of the working group for this piece of work. This set of definitions represent the whole construction industry including civil and residential - and take the work done by vertical to the next level.